Skip to main content

How to deal with business competitors

One of the major challenges when running a business is the emergence of competitors in the same business that can not be avoided. Therefore, we must know how to deal with business competitors in order not to lose competitiveness.

Here are some tips and tricks to overcome business competition


1. Businesses should have a mature concept

Running a business not only requires ideas and passion alone, but also requires a mature business concept. It will help you to recognize various potential opportunities, target market share, make your business run optimally, and lead ahead from business competitors.

2. Good planning

When running a business we shouldn't be careless because we risked a lot investment, and If you don't have solid planning all your efforts will be in vain and suffered heavy losses.

Therefore you should create a business plan that consist of: describing business concepts, vision & mission, promotional plans, marketing plans, employee management, financial regulation plan, including to determine risk analysis that might be experienced in the future.

With good planning, you can determine a solution to any problems which you may encounter, including how to deal with business competitors.

3. Innovation and Evaluation

deal with business competitors competition
Business competition can not be avoided, but it can make you become more creative and innovate. Competition will make you become more innovative to create a good products that you sell. Good innovations will attract customers to look at your product over the competition.

In addition to innovation, it is necessary to evaluate your business continuity. In business, you can not just close your eyes and wish everything will go as you plan, you also need an evaluation to seek your strengths and weaknesses to further advance your business.

4. Having a good system

A good system that stable and strong will help businesses to survive from business competitors and get the desired profits. After having a strong business foundation, you can expand the market with a variety of business systems as you want, for example, opening a branch or a franchise offering.

5. Market expansion

To compete in business, one of the ways that can be used is expanding the product market. The expansion could mean expanding the focus and targeted consumer. For example, if we only sell food that is intended for adults, it couldn't hurt to make a new variant food that can be enjoyed by children. The market expansion will increase revenue as well as to benefit the customers for products that we sold.

In addition to expanding market share, market expansion can also be done by opening new business branches that will help you to dominate the market with similar business competitors. However, make sure you already have a strong and stable system before doing business expansion.

6. Product standardization

Having many business branches can indeed help overcome tough competition in business. But you also have to pay more attention to the standardization quality of product being sold at all of your business branches.

Product standardization needs to be done so our customers can have the same experience when purchasing products in any business branches. This standardization is very much required if you open a culinary business, recipes standardization will produce the same taste in all its branches.

Comments

Popular posts from this blog

How to have a perfect body while on vacation

Having a perfect body shape while on vacation to a tropical island (beach) is not just only a dream. Because you can make your dream come true by following the tips in this article.
These are body treatments and beauty products that must you do and used, before and while on the beach.
1. Clean the body from hair Don't forget to clean the hairs on the feet area, underarms, and bikini line area. Waxing can be the most powerful option for cleaning and prevent hair re-grows quickly and hygienically. The best time to do the waxing is after a shower, because the body will be damp conditions.
2. Disguise cellulite and tighten your buttocks Cellulite can often reduce our confidence. But you can imitate the Hollywood actress who can perform seamlessly on the beach by using a combined treatment scrub lipo sculpt organic and herbal masks. That way, the fat cells will shed, cellulite will disguised, and tightening our skin. You must do this in ​​the buttocks and thighs area.
3. Face Nutritio…

Tips to stay young and fresh naturally

When we are getting old (above 30 years old), facial lines and wrinkles around the eyes and forehead will begins to appear. And when you look at a mirror, our facial skin seems no longer tight and smooth. Worry not, because we will tell you some tips to stay young, fresh and tighten your facial skin naturally:
Clean your face maximally
A clean face skin is able to absorb maximum nutrients. Clean your face with attention to details. First, wash the face with warm water and use a face wash soap according to your skin type. And If you just use makeup, use a face cleansing brush to clean the remains of the make-up and softly massage your face to help improve blood circulation on your face
Rinse your face and dry it with a clean towel. Apply a refresher to give maximum care and then continue with daily care such as using face serum and moisturizer. (Note: Don't forget to change your towels on a regular basis, because if used too long the fabric will become rough and more vulnerable to…

Tips to overcome boredom at work

Most of the time while at work and at noon, your eyes will getting heavy, body feels weak, losing concentration, and feeling bored. These are the signs that your energy levels have began to decline and you feel lazy to do anything.
You don't need to worry because this is a normal situation. Each individual has a different boredom level, it depends on several factors that influence it such as age, the food you eat and your activity level. You can follow these tips to prevent and overcome boredom that comes in while you are working.
Do light exercise (push up, leg raise, etc) If by chance your boss was not in place, you could take a short time to do push ups, dips or even doing exercises using your seat. Don't do it too long though (10-15 reps is enough), after that your body will feel refreshed.
Eat fresh fruitInstead of choosing a sugary snack with high calories and fat to boost your energy, you better eating fresh fruit instead. The vitamins and minerals contained in it, as well …